In a country with a working-age population of 200 million,140 million people are employed and 20 million are unemployed.The size of the labor force is

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Quizplus · Accepted Answer

The labor force is the sum of employed and unemployed individuals, which is 140 million + 20 million = 160 million. The working-age population is not the labor force since it includes individuals who may not be seeking employment, such as students or retirees. Therefore, choices A and C are incorrect. Choice D only represents the number of unemployed individuals and does not include the employed individuals, so it is also incorrect. Choice E is the difference between the working-age population and the sum of employed and unemployed individuals, which does not represent the labor force.

In a Country with a Working-Age Population of 200 Million,140